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Oroco Resource shares plummeted 30.3% amid surge in trading volume, with no stated reason.
Oroco Resource (CVE:OCO) shares dropped 30.3% to C$0.45 on Wednesday, with trading volume surging 218% above average.
The exploration-stage company, focused on gold, silver, and copper projects in Mexico, has a market cap of C$134.64 million.
Financial metrics include a negative P/E ratio of -33.00, a beta of -0.28, and debt-to-equity ratio of 0.54.
The stock’s 50-day and 200-day moving averages are C$0.35 and C$0.32, respectively.
No specific reason for the decline was provided in the report.
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Las acciones de Oroco Resource se desplomaron un 30,3% en medio de un aumento en el volumen de operaciones, sin ninguna razón indicada.